While USA still hast the most millionaires – the number of millionaires rose globally especially in Japan and China (+9,4%). “Japanese wealth grew 19% to mid-2016, but only because of exchange rate appreciation. In yen terms, total wealth did not change, and wealth per adult rose only 0.1%.” (src: Credit Suisse Global Wealth Report 2016)

English: DPA, Hamburg 23.06.2016: “In Europe, the number of millionaires rose by +4.8 per cent to 4.2 million.

Germany recorded above-average growth of +5.1 per cent to 1.2 million high-net-worth end.

“With one of the largest drivers are the significant increase in real estate prices,” said Capgemini expert Klaus-Georg Meyer.”

“Despite their significance for economic activity, precise and comprehensive insights into the levels and the global distribution of wealth remain scarce.”

“We have further established that wealth inequality, measured by the share of the wealthiest 1% and wealthiest 10% of adults, as compared to the rest of the world’s adult population, continues to rise.

While the bottom half collectively own less than 1% of total wealth, the wealthiest top 10%own 89% of all global assets.

Currently, an estimated 9% of adults globally are net debtors, which is without a doubt a worrying development”

Available from 18/12/2017 to 11/02/2018 Since the 2008 crisis, HSBC has been involved in countless scandals: Money laundering for drug cartels, corruption, tax fraud… And yet the international bank escapes justice with insignificant fines. Why are they “too big to jail”?

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